Sheikh Rashid asks govt to public IMF conditions for loan deal
Last updated on: 30 June,2023 01:05 pm
Says additional taxes of Rs300 billion would be imposed on people
RAWALPINDI (Dunya News) – Awami Muslim League (AML) chief Sheikh Rashid Ahmed said the government will have to inform public about conditions agreed with the International Monetary Fund (IMF) for revival of the loan deal.
The former interior minister made the comments as Pakistan managed to get the $3 billion staff-level agreement done with the global lender.
In a series of tweets, the AML chief said additional taxes to the tune of Rs300 billion would be imposed on people under the IMF’s conditions, calling the bailout deal a trap for the new government.
“No one comes for help when economic and political dignity is compromised,” he said, adding that the aftershocks of the budget for new fiscal year were being faced by public.
— Sheikh Rashid Ahmed (@ShkhRasheed) June 30, 2023
The former minister said it was the time to put the state on priority not the politics, adding: “August 13 is redline”.
Taking a jibe at the ruling coalition, he said the 13 parties would achieve nothing, adding that political decisions were taken in Dubai as they are in state of fear.